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Pledge of Assets: Your Guide to Secured Financing

Meta Description: Understand the legal power of a pledge of assets in securing business loans and personal debt. Learn the key differences between a pledge, hypothecation, and mortgage to choose the right security interest for your financing needs. Get a professional breakdown of the legal requirements for creating a valid collateral agreement. In the world […]

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Securing Your Assets: A Guide to Security Interests

Meta Summary: Security Interests Explained For small business owners and creditors, understanding a security interest is critical. It’s the legal right a creditor has in a debtor’s property (collateral) to ensure repayment of a loan. This guide explores the two pillars of a secured transaction—attachment and perfection—and how filing a financing statement (UCC-1) establishes priority

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